518.720.8888Troy • Saratoga Springs • Amsterdam

 

News & Insights

ACA Replacement Bill Withdrawn. Employers Must Continue to Comply With All Applicable ACA Provisions.

On March 24th, Republican leadership in the U.S. House of Representatives withdrew the American Health Care Act their proposed legislation to repeal and replace the Affordable Care Act (ACA). Congress may choose to pursue another ACA repeal and replace bill in the future. To read entire article click here.

While the Future of the ACA is Unclear, Definitive Changes Were Made to Some ACA Taxes and Fees for 2017.

Implementation of the Cadillac tax on high-cost group health coverage was delayed until 2020, a moratorium applies for 2017 on the health insurance providers fee and the medical devise excise tax and the reinsurance fee expired after 2016. To read entire article click here.

Happy and Motivated Employees Will Help Organizations in Their Recruiting and Retention Efforts.

One way to boost employee morale and productivity is to introduce strategies to motivate your employees. Employers should help employees feel their performance is meaningful to the company and that their work is appreciated. To read entire article click here.

GOP ACA Replacement Plan: What We Know So Far

On March 6, 2017, Republican leadership in the U.S. House of Representatives issued two bills to repeal and replace the Affordable Care Act (ACA) through the budget reconciliation process.  Debate on the legislation is scheduled to begin March 8th. To read entire article click here.

IRS Change May Affect the Individual Mandate

The Internal Revenue Service (IRS) has signaled a change in how it monitors the ACA’s individual mandate. The IRS indicated that it will not automatically reject tax returns that do not certify whether the individual had health insurance for the year. To read entire article click here.

Company Culture: More Important Than You Think

Company culture is the unifying element that holds everyone in an organization together.  Culture encompasses the written and unwritten behavioral norms and expectations of those within the company. To read entire article click here.

Medicare Part D Disclosures Due by March 1, 2017 for Calendar Year Plans

 Group health plan sponsors are required to complete an online disclosure form with the Centers for Medicare & Medicaid Services (CMS) , indicating whether the plans prescription drug coverage is creditable or non-creditable. For calendar year plans, the 60 day deadline is March 1st. To read entire article click here.